Russian Central Bank takes steps to protect its interests in internet

16.08.2013 11:46
Russian Central Bank takes steps to protect its interests in internet

YEREVAN, August 16. /ARKA/.  Russian Federation’s central bank prepared a number of recommendations to strengthen protection of its retail services in the Internet, banki.ru reported.

For instance, the regulator suggested banks using improved mechanisms for protection of information while effecting various online transactions by clients, such multi-factor authentication, dynamic authentication and transaction confirmation using one-time passwords.

The regulator also suggested banks analyzing low information security risks at least every other year.
The Bank of Russia urged credit organizations to increase public awareness of financial services and give clients the right to stop or limit non-sanctioned transactions.

Banks are also recommended to monitor retail services through the Internet and establish criteria for increased attention to transactions.  –0—


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